Farmingdale Aquatics

Analysis

Farmingdale Aquatics is a registered charity in United States, based in Farmingdale, NY. It received its IRS tax-exemption ruling in March 2011, 15 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Farmingdale Aquatics reported income of $276k and spending of $277k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $200k to $276k (+38%), an average of +8.4% a year. The sharpest change came in the year to December 2021, when income rose by 74%. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Farmingdale Aquatics sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 57th percentile within NY. Charities of a similar size with the same main cause include Mr Youth Baseball Inc ($276k), Watertown Baseball Parents Association Inc ($276k) and FM Sports Baseball Club ($276k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $136k. At year end it held assets of $174k against liabilities of $0, net assets of $174k. It reported 28 employees.